$SOXL
Added 2025-04-21 11:15:55 +0000 UTCThis is why I do not like leveraged positions.
The downside risk is always pronounced and can destroy your positions, it always feels good in a bull market but is devastating in the bear market.
Price action is moving down to the blue support line at $6.25 and losing the 2020 low at $3.65 and this may not survive.
Support needs to come in soon or this is in trouble
